Keystone Financial Group Takes Position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

Keystone Financial Group acquired a new stake in shares of Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 18,183 shares of the company’s stock, valued at approximately $3,186,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of RSP. Savvy Advisors Inc. grew its holdings in Invesco S&P 500 Equal Weight ETF by 13.9% during the 4th quarter. Savvy Advisors Inc. now owns 2,050 shares of the company’s stock worth $359,000 after acquiring an additional 250 shares during the last quarter. Synovus Financial Corp raised its stake in shares of Invesco S&P 500 Equal Weight ETF by 0.9% during the fourth quarter. Synovus Financial Corp now owns 503,258 shares of the company’s stock valued at $88,188,000 after acquiring an additional 4,465 shares during the last quarter. Brogan Financial Inc. lifted its holdings in shares of Invesco S&P 500 Equal Weight ETF by 6,393.5% during the fourth quarter. Brogan Financial Inc. now owns 130,715 shares of the company’s stock worth $22,905,000 after purchasing an additional 128,702 shares during the period. Sagespring Wealth Partners LLC bought a new stake in shares of Invesco S&P 500 Equal Weight ETF in the fourth quarter worth $2,862,000. Finally, Rockefeller Capital Management L.P. increased its holdings in Invesco S&P 500 Equal Weight ETF by 27.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,137,106 shares of the company’s stock valued at $199,252,000 after purchasing an additional 241,907 shares during the period.

Invesco S&P 500 Equal Weight ETF Stock Up 1.5 %

Shares of NYSEARCA:RSP opened at $162.02 on Friday. The firm has a market cap of $67.69 billion, a P/E ratio of 21.02 and a beta of 1.01. Invesco S&P 500 Equal Weight ETF has a 12-month low of $150.35 and a 12-month high of $188.16. The business has a fifty day simple moving average of $173.97 and a 200 day simple moving average of $178.05.

Invesco S&P 500 Equal Weight ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.8308 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Invesco S&P 500 Equal Weight ETF Company Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).